1974 1oz Gold Krugerrand | South African Gold Bullion Coin

Coin Specifications

• Year: 1974
• Country of Issue: South Africa
• Mint: South African Mint
• Issuer: South African Reserve Bank
• Obverse Designer: Otto Schultz
• Reverse Designer: Coert Steynberg
• Metal: Gold
• Purity: 22 Carat Gold (.9167)
• Weight: 33.93g
• Pure Gold Content: 31.10g (1 Troy Ounce)
• Diameter: 32.77mm
• Thickness: 2.84mm
• VAT Status: VAT-Free Investment Gold
• CGT Status: Not CGT Exempt — see CGT-free alternatives

Buying With Confidence

• ✔ Every coin guaranteed genuine — professional XRF testing
• ✔ Trusted Hatton Garden precious metals dealer established 1982
• ✔ Buy Back Guarantee
• ✔ Fully insured delivery — see Shipping Policy
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• ✔ Check live gold prices on our Today's Prices page

The 1974 1oz Gold Krugerrand is one of the most recognisable and historically significant gold bullion coins ever produced. Issued by South Africa and containing one full troy ounce of fine gold, the Krugerrand helped revolutionise private gold ownership and remains one of the world's most traded gold coins. Combining substantial gold content, global recognition and investment appeal, the 1974 Gold Krugerrand continues to be highly sought after by investors and collectors alike. Read: Best Gold Coins for UK Investors and Britannia vs Sovereign: Which Is Best?

The History of the 1974 Gold Krugerrand

First introduced in 1967, the Gold Krugerrand was created to promote South African gold to international investors and provide an accessible way for individuals to own physical gold. By the 1970s, it had become the dominant gold bullion coin in global markets. The 1974 issue was struck during a period of growing demand driven by economic uncertainty and inflation. Read more: Is Gold a Good Hedge Against Inflation? and What Happens to Gold During a Recession?

Iconic Paul Kruger and Springbok Design

The obverse features a portrait of Paul Kruger, former President of the South African Republic, designed by Otto Schultz. The reverse showcases the elegant Springbok antelope, designed by Coert Steynberg — one of South Africa's most recognised national symbols. Learn how to verify a gold coin is genuine and avoid fake gold coins.

Why Invest in a 1974 Gold Krugerrand?

• Full One Troy Ounce of Gold — substantial exposure to precious metals in a single coin
• Globally Recognised — one of the most traded gold coins worldwide, easy to liquidate
• Historic Bullion Coin — an important piece of the history of gold as money
• Wealth Preservation — read: Gold vs Stocks and Gold vs Property
• Strong Liquidity — accepted by bullion dealers worldwide
• VAT-free investment gold

Not sure whether coins or bars are right for you? Read: Gold Coins vs Gold Bars and New vs Pre-Owned Bullion.

Frequently Asked Questions

How much gold is in the 1974 Krugerrand?

The 1974 Krugerrand contains exactly one troy ounce (31.10g) of pure gold, with a total coin weight of 33.93g, struck in 22 carat gold (.9167 fine).

Is the Gold Krugerrand VAT free?

Yes. As qualifying investment gold, the Gold Krugerrand is exempt from UK VAT.

Is the Gold Krugerrand CGT exempt?

No. The Krugerrand is not UK legal tender and is therefore subject to Capital Gains Tax under current UK rules. For CGT-exempt alternatives, see our CGT-free gold coins such as Gold Sovereigns and Gold Britannias.

Does 888 Bulion offer a buy-back on this coin?

Yes. 888 Bulion offers a Buy Back Guarantee on all coins purchased from us. We will buy back your Krugerrand at competitive market rates. Get an instant quote here.

How is the coin delivered?

All orders are dispatched with secure, fully insured UK delivery. Coins are carefully packaged to ensure safe arrival.

Also Consider

• Best Value 1oz Krugerrand (Pre-Owned)
• Best Value Gold Sovereign (CGT-Free)
• 2025 Gold Britannia
• Best Value 1oz Gold Kangaroo

Related Guides

• How to Invest in Gold for Beginners
• Best Gold Coins for UK Investors
• CGT-Free Gold Coins in the UK
• Gold Coins vs Gold Bars
• How to Verify a Gold Coin Is Genuine
• How Much Gold Should You Own?
• Gold ETFs vs Physical Gold
• Learning Hub — All Guides